Freight Technologies (NASDAQ: FRGT), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning that offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, is featured in a recent Chardan Capital research report. In the report, Chardan Capital, a leading investment and research firm, maintained its buy rating on FRGT company shares and lowered the price target to $2. According to the announcement, Freight Technologies is pleased to receive the latest endorsement, which reflects the company’s ongoing efforts to expand its operations and is an indication of continued confidence in the company’s potential for success in the transportation industry. “We are pleased to be able to share the results of Chardan’s independent analysis of our company’s growth and potential,” said Freight Technologies CEO Javier Selgas in the press release. “Our focus on technology-driven solutions and outstanding customer service has allowed us to differentiate ourselves in the market, and we will continue to build on that success. We remain committed to expanding our services, investing in our technology platform, and providing unparalleled customer service to our clients. We thank Chardan for their continued review of our company and look forward to delivering strong results for our shareholders.”
To view the full press release, visit https://ibn.fm/utBWV
About Freight Technologies Inc.
Freight Technologies is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary Freight App Inc. (“Fr8App”) is a business-to-business, cross-border shipping marketplace in the USMCA region powered by artificial intelligence (“AI”) and machine learning. Focused on making shipping transparent and efficient, Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility and simplicity for the once-complex process of international over-the-road (“OTR”) shipping. Fr8App uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management and committed capacity solutions. For more information about the company, please visit www.FR8Technologies.com.
NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT
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